07-30-2012 05:01 AM
#1
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07-30-2012 07:09 PM
#2
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I've no idea about how the detail works in the countries that tax, but surely this is a zero-sum game between players and providers? Assuming all players and providers pay the same tax rate and all claim their losses and pay their dues, there would be no net tax revenue but a pain in the ass with administration. If anything, there may be a tax loss to the state depending on the non-poker income of the winners and losers. | |
07-31-2012 12:15 PM
#3
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This also assumes that the tax rate would be the same in all transactions. The tax rate generally depends on whether it applies to a company or an individual, total annual income of said entity, plus a bunch of other crap. | |